Job Description/Responsibility

THE NY OPERATIONS TEAM’S PRINCIPAL AIM IS TO FACILITATE EFFICIENT PROCESSING OF USD TRADES FOR THE US OFFICE BY WORKING CLOSELY WITH VARIOUS AREAS OF THE FIRM PROVIDING SETTLEMENT, POSITION KEEPING, AND TRADE SUPPORT FUNCTIONALITY.

RESPONSIBILITIES:

1.) TRADE SETTLEMENT:

-RELEASE AND SETTLE FIXED INCOME SECURITIES VIA THE FED BOOK ENTRY SYSTEM AND DTC. RELEASE AND SETTLE TRI-PARTY REPO. RELEASE AND MONITOR PAYMENTS MADE OVER THE FEDWIRE. INVESTIGATE AND RESOLVE CASH AND POSITION DISCREPANCIES.

2.) TRADE SUPPORT:

-REPORT REAL-TIME POSITIONS TO FRONT OFFICE FOR BOTH CASH AND SECURITIES

-FUND AND BALANCE THE USD BOOK

-MANAGE INTRADAY LIQUIDITY

-INVESTIGATE AND RESOLVE TRADE DISCREPANCIES WITH COUNTERPARTIES AND AGENT BANKS

3.) COLLATERAL MANAGEMENT:

- MONITOR AND AGREE DAILY MARK-TO-MARKET MOVEMENTS WITH COUNTERPARTIES. WORK WITH CREDIT AND MARKET RISK DEPARTMENT TO REDUCE EXPOSURE

4.) STATIC DATA SUPPORT:

-UPDATE STATIC DATABASES FOR BOTH COUNTERPARTY AND MARKET DATA INFORMATION

5.) AD-HOC INVESTIGATIONS:

-PARTICIPATION IN REGULAR AUDITS, AND PROJECT WORK. COMMUNICATE WITH FRONT OFFICE, FINANCE, RISK, IT AND COMPLIANCE TO RESOLVE ISSUES.

Experience Requirements

Minimum 5 years relevant experience in a Financial Institution

Education Requirements

BA/BS degree from a four-year accredited institution

Position related much education.

Skills Requirements

Desirable AML related experience in a Large US Bank or related institution. Law enforcement experience also desirable [EXPERIENCE] Between 3 - 6 years [LICENSE/CERTIFICATION] CAMS certification preferred [SPECIALIZED KNOWLEDGE] Ability to gather and process statistical data in order to forecast team workflow requirements,Ability to maintain attention to detail and accuracy under pressure situations.,Experience in drafting reports to Suspicions Activity Reports.,Motivated, team-oriented, and able to work independently.,Strong PC skills including Excel, PowerPoint and Process Flow Creation,Strong verbal and written communication skills.,Thorough knowledge of AML related regulations and Bank policies and procedures to ensure comprehensive compliance.

Employees desiring consideration should complete an online application, utilizing the appropriate process as subscribed by the posting entity. Employees should provide all pertinent information to support their candidacy.

To be considered eligible for internal posting, Santander employees must meet all of the following eligibility requirements: